You are provided with a summarized version of the cash account of Lakeside Hospital, a not-for-profit organization
Question:
Prepare a statement of cash flows, using the direct method, for the yearendedDecember31, 2018.
Transcribed Image Text:
Cash Account Debit Credit 275,900 Third-party payors Operation of aift shop .. 517,700 323,500 500,000 Contributions restricted for endowment. _ _ . . . Donorestricted contributions for purchase of property and equipment... 183,000 242,300 1,151,000 6,200,000 800,000 147,000 Employees Suppliers Cash paid to Contractor for purchase of property 501,200
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Related Book For
Advanced Accounting
ISBN: 978-0538480284
11th edition
Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng
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